Advisers can access our asset-backed IHT portfolios on platform, exclusively through CoInvestor.
In response to increased demand from financial advisers for simplification of the fund application process, CoInvestor has removed the traditionally paper-based application process allowing investors and advisers to apply for an investment entirely online, including the use of digital signatures.
This streamlined approach has the potential to save advisers, several hours of work.
The Stellar portfolios available via CoInvestor are Stellar Succession and the Stellar Estate Planning Service and investors through CoInvestor can take advantage of a reduced initial fee of 1.4%, which remains at 2% for customers investing directly with Stellar.
Stellar Succession is a discretionary portfolio that offers clients access to a wide range of asset classes and is the most diversified asset-backed IHT portfolio in the market, with access to seven trading activities. Investments in Succession target a return of 5% p.a. net of all fees and any outperformance is split 50:50 with the investor.
Stellar Estate Planning Service is a discretionary portfolio that produces a regular income of 4.5% p.a. in addition to providing IHT relief after two years. It invests solely in physical assets that produce a natural yield which is distributed to investors twice a year.
Jonathan Gain, Chief Executive at Stellar, commented on the new partnership:
“We are pleased to be working with Katherine and the team at CoInvestor. The continued adoption of new technology to facilitate investments and improve reporting and administration is inevitable and to partner with a leading firm which understands both adviser and investor needs in this area was simple. We look forward to making this partnership a success.”
Katherine Wilson, Head of Business Strategy and Development
“We are delighted that Stellar have chosen to list their asset-backed IHT portfolios with us on an exclusive basis and are to be able provide advisers with an easier and more efficient way of doing what they are already doing. By facilitating straight through digital processing and digital reporting back to the investors we aim to ‘institutionalise’ the alternative asset market.”